There Are Three Kinds of Enterprise Data: Transactional Data, Master

question 27

True/False

There are three kinds of enterprise data: Transactional data, Master data and Analytical data.

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Definitions:

Oral Contract

A verbal agreement between parties that is legally binding, though more difficult to prove than a written contract.

Sale

The act of selling or exchanging goods or services for money or other compensation.

Rafts

Platforms or structures made of buoyant materials, often wood, used for transport or as a floating base.

Main Purpose Rule

A legal principle stating that if the main purpose of a transaction is to benefit the guarantor, then a written agreement isn't necessary to enforce the guaranty.